Requires the Interior Department to report every two years on critical minerals and rare earth elements worldwide, including who controls them and who mines them, and to build a strategy with allied countries for developing advanced mining and processing technology.

• Requires an initial report within one year, then every two years, on critical mineral and rare earth resources worldwide, including which are controlled by foreign entities of concern
• Requires the Interior Secretary to set up a process that helps U.S. persons sell stakes in foreign mining operations to buyers not controlled by a covered nation
• Requires a strategy within one year for working with allied countries on advanced mining, refining, separation, processing, and recycling technologies, with an annual progress report to Congress

• Energy and Natural Resources Committee (Senate)

Energy